Maximise tax efficiency in 2025: The case for advisers to embrace VCTs

With frozen tax thresholds and more individuals moving into higher tax bands, advisers face a growing challenge: how to help clients manage tax efficiently while still pursuing meaningful returns. In this environment, venture capital trusts (VCTs) make a compelling case as part of a diversified portfolio. VCTs have long been positioned as a tax-efficient investment vehicle, offering up to 30% income tax relief, tax-free dividends, and exemption from capital gains tax. However, focusing just on tax advantages means you risk missing the bigger picture. In 2025, VCTs are not just about t...